'We were left in mess by Dems…': Bessent blames Biden admin for $40 trillion national debt

'We were left in mess by Dems…': Bessent blames Biden admin for $40 trillion national debt

During a press conference, Treasury Secretary Scott Bessent was questioned about the United States’ roughly $40 trillion national debt and the country’s growing fiscal burden. Bessent blamed the previous Democratic administration for leaving behind what he described as a difficult financial situation, while defending the Trump administration’s approach to managing government spending and the economy.

Scott Bessent Blames Biden For Trump's $40T Federal Debt

Standing like he has a golden tablet stuck up his ass during a press gaggle, Treasury Secretary Scott Bessent admitted the federal debt was a big number, but immediately blamed Pres. Joe Biden for their issues. Looking at all the polls, voters are not buying their constant lies and denials over the state of the US economy. A reporter asked Bessent to comment on the $40 trillion mark the debt hit Thursday and what he was going to do about it. "…

The Dollar: from Debt Crisis to Currency Crisis - ActionForex

The USD index is falling against a favourable backdrop.  Eroding confidence in the Fed is weighing on the US dollar. The US dollar is trying to find its footing as Treasury bond yields stabilise. Scott Bessent stated that concerns about the budget deficit are exaggerated. It is rising due to tariff revenue, but import duty […] The post The Dollar: from Debt Crisis to Currency Crisis appeared first on ActionForex.